Consistent decline in assets over the past decade (from $104,697 in 2013 to $63,365 in 2023).
Negative revenue reported in the last two fiscal periods ($-1,213 in 2023 and $-1,625 in 2022).
Expenses consistently exceed revenue in most reported periods, contributing to asset depletion.
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds for administrative overhead.
Consistent IRS Form 990 filing history (8 filings), demonstrating good transparency.
Minimal liabilities reported ($0 or $1 across all filings), indicating sound financial management in terms of debt.
AI Transparency Report
Amelia Walden Article Tr Uw Fbo Amelia appears to be a small private foundation, as indicated by its NTEE code T22 (Private Grantmaking Foundations) and consistent asset base with minimal revenue and expenses. The organization's financial health shows a concerning trend of declining assets over the past decade, from $104,697 in 2013 to $63,365 currently, with negative revenue reported in the last two periods (-$1,213 in 2023 and -$1,625 in 2022). This suggests the foundation is drawing down its principal or experiencing investment losses without sufficient new contributions. Spending efficiency is difficult to fully assess without a detailed functional expense breakdown, but the consistent expenses relative to declining assets and often negative revenue raise questions about sustainability. The organization demonstrates good transparency by consistently filing its IRS Form 990s, with 8 filings available, and reporting zero officer compensation, which is a positive sign for resource allocation.